Binance held $3.55 billion worth of USDC — a reserve ration of 5,490.54% to the $64.7 million worth of assets users hold on the exchange. 1 min read Updated: March 7, 2023 at 6:49 pm Cover art/illustration via CryptoSlate Ad Read More
Ad In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months before the company collapsed and left millions of customers in the lurch. She noted: “I Read More
Coinbase CEO Brian Armstrong is confident that staking fails all four criteria of the Howey Test and is ready to battle it out in court if necessary. 2 min read Updated: February 13, 2023 at 10:23 am Cover art/illustration via Read More
Banco do Brasil has partnered with Bitfy so users can pay taxes with cryptocurrencies as easily as paying for a ticket by scanning a barcode. 1 min read Updated: February 13, 2023 at 12:28 am Cover art/illustration via CryptoSlate Ad Read More
The Wormhole attacker moved $46 million worth of tokens to MakerDAO and received 16.6 million DAI over the weekend. 1 min read Updated: February 12, 2023 at 5:47 pm Cover art/illustration via CryptoSlate Ad The Wormhole Network exploiter, who stole Read More
S. Korea will regulate certain digital assets as securities under the Capital Markets Act and allow STOs under the Electronic Securities Act. 1 min read Updated: February 6, 2023 at 11:21 am Cover art/illustration via CryptoSlate South Korea’s Financial Services Read More
India is working with the Financial Stability Board to bring consensus among G20 members on their approach and roadmap to crypto regulation. 1 min read Updated: February 2, 2023 at 2:28 pm Cover art/illustration via CryptoSlate India is aiming to Read More
Last month, the Index booked its third-highest monthly gains since May 2020, while Bitcoin itself saw its price rise by 39.4%. 1 min read Updated: February 2, 2023 at 7:05 am Cover art/illustration via CryptoSlate In a sign of the Read More
Some Gemini Earn users claim the exchange misled them into thinking that their funds were safe by mentioning FDIC. 1 min read Updated: January 30, 2023 at 3:07 pm Cover art/illustration via CryptoSlate The New York Department of Financial Services Read More
The Australian regulators issued 3 notices to FTX and was surveilling the exchange in the 8 months before it collapsed. 1 min read Updated: January 30, 2023 at 7:01 am Cover art/illustration via CryptoSlate Australian regulators were concerned about FTX Read More
The Lazarus Group, which is responsible for the hack, previously moved over $60 million of the stolen funds on Jan. 13. 1 min read Updated: January 29, 2023 at 12:02 pm Cover art/illustration via CryptoSlate The Harmony Bridge attackers, who Read More
Ethereum holders account for 20% of the 425 million global crypto investors, while BTC holders account for 52%. 1 min read Updated: January 19, 2023 at 2:32 pm Cover art/illustration via CryptoSlate The number of Ethereum (ETH) holders grew 263% Read More
The stablecoin, AUDN, will focus on reducing settlement time, bringing down cost of international transfers, and carbon credits. 2 min read Updated: January 19, 2023 at 7:03 am Cover art/illustration via CryptoSlate National Australia Bank (NAB) — one of the Read More
Anatoly Legkodymov, the founder of Hong Kong-registered crypto exchange Bitzlato, was arrested in Miami on Wednesday and charged with allegedly running an unregistered money-transmitting business that flouted anti-money laundering laws and facilitated illicit fund transmissions, the U.S. DOJ announced Jan. Read More
In early January, Vauld turned down Nexo’s final acquisition offer. Vauld is now weighing bids from two fund managers. 1 min read Updated: January 18, 2023 at 7:18 am Cover art/illustration via CryptoSlate Crypto lender Vauld secured an extension from Read More
Former FTX US president Brett Harrison accused FTX founder Sam Bankman-Fried (SBF)of “gaslighting and manipulation” in a Twitter thread on Jan. 14. Harrison left FTX.US in September 2022, two months before SBF’s crypto empire collapsed. Sharing his experience during the Read More
Billionaire Mark Cuban is set to be deposed on Feb. 2 in Dallas, Texas over his promotions of defunct crypto lender Voyager Digital, according to a court order. The Dallas Mavericks owner will be deposed as part of the class-action Read More
US T-bills held by Circle Reserve Fund continues to grow 1 min read Updated: January 9, 2023 at 12:48 am Cover art/illustration via CryptoSlate According to Circle’s most recent reserve report, around 65% of all USD Coin (USDC) reserves are Read More
Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on Jan. 7. In a Twitter thread, Wyre announced that its customers can now only withdraw up to 90% of the funds in their accounts. Users will Read More
Defunct crypto exchange FTX and its founder Sam Bankman-Fried (SBF) donated millions to charities. Now the firm’s new management is trying to recover the donations, the Wall Street Journal (WSJ) reported on Jan. 8. John. J. Ray, currently heading FTX Read More
